SMIG vs. XMHQ
Compare and contrast key facts about Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Invesco S&P MidCap Quality ETF (XMHQ).
SMIG and XMHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMIG is an actively managed fund by Bahl & Gaynor. It was launched on Aug 25, 2021. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMIG or XMHQ.
Correlation
The correlation between SMIG and XMHQ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMIG vs. XMHQ - Performance Comparison
Key characteristics
SMIG:
1.53
XMHQ:
1.05
SMIG:
2.24
XMHQ:
1.55
SMIG:
1.27
XMHQ:
1.18
SMIG:
2.27
XMHQ:
1.85
SMIG:
9.54
XMHQ:
4.37
SMIG:
2.15%
XMHQ:
4.36%
SMIG:
13.39%
XMHQ:
18.23%
SMIG:
-19.65%
XMHQ:
-58.19%
SMIG:
-8.06%
XMHQ:
-8.75%
Returns By Period
The year-to-date returns for both stocks are quite close, with SMIG having a 18.15% return and XMHQ slightly lower at 18.12%.
SMIG
18.15%
-6.24%
12.01%
19.06%
N/A
N/A
XMHQ
18.12%
-5.24%
1.83%
17.27%
15.46%
11.44%
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SMIG vs. XMHQ - Expense Ratio Comparison
SMIG has a 0.60% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
SMIG vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Invesco S&P MidCap Quality ETF (XMHQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SMIG vs. XMHQ - Dividend Comparison
SMIG's dividend yield for the trailing twelve months is around 1.71%, less than XMHQ's 4.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF | 1.71% | 1.91% | 2.01% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMHQ Invesco S&P MidCap Quality ETF | 4.94% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% | 1.11% |
Drawdowns
SMIG vs. XMHQ - Drawdown Comparison
The maximum SMIG drawdown since its inception was -19.65%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for SMIG and XMHQ. For additional features, visit the drawdowns tool.
Volatility
SMIG vs. XMHQ - Volatility Comparison
The current volatility for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is 4.47%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 6.11%. This indicates that SMIG experiences smaller price fluctuations and is considered to be less risky than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.